This is for
CherryCreek's weekend reading assignment
Fed's Rosengren flags risks to economy in WeWork-style model
SEPTEMBER 20, 2019 by Ann Saphir/Reuters
I'm not sure the specific risk goes beyond WeWork. OK, I get it but not sure how much concern there should be.
Every lease that WeWorks executes is a separate legal entity which could in times of rising vacancy just declare bankruptcy. The key question here though for Denver specifically, is the office market over-supplied with space? It would take a significant economic downturn to create a big problem. WeWork hardly adds to the risk, it's just a different wrinkle for the market. I see only moderate risk to Denver even with a recession.